La Mirada, California, 90638 ~ Real estate market update for JAN, 2008 activity of single family homes and 
condominiums re-sales.The City of La Mirada located in suburban Eastern Los Angels County, with nearby Orange County bordering on the east side of the city. If you lived in La Mirada you would be one of approximately 50,000 residents.
Single family activity for January:
- Single Family homes range in price this month from $325,000 to $1,350,000.
- 165 re-sale homes currently for sale in the city, down from 215/216/213/216/196 prior months in chronological order.
- 8 pending sales (in escrow) as compared to 10/6/15/9/1 5/17/ prior months in order.
- 8 19 homes closed escrow as compared to 10/12/10/ 9/15/16 prior months in order.
- 48 homes were removed from the market, listings either were expired, withdrawn or cancelled, fewer than prior months as compared to 36/46/40/36/39/ prior months in order.
Condominium activity for January,
- Condo prices for the month ranged from $199,000 to $489,000.
- 33 condo/town-homes for sale in January, as compared to 30/35/48/47/40/40 respectively in prior months.
- 1 pending sale, (in escrow) compared to4/ 4/2/1/ 0/5/7/ in prior months.
- 3 properties closed escrow, compared to 5/2/ 1/1/15/15 for prior months.
- 8 condos were removed from the market, listing either expired, withdrawn or cancelled as compared to 8/13/8/6 in prior months.
***It's important to note the City of La Mirada has a 8.1 month supply of homes for sale. That's the length of time it would take to sell the existing inventory of homes for sale, provided sales continue at the same pace as 2007, and no new listings enter the market place.
La Mirada's location?
- 27 miles to LAX ~ Los Angeles International Airport
- 23 miles to John Wayne Airport 36 miles to
- Ontario International Airport
- 10.5 miles to the "Happiest Place on Earth" Disneyland
La Mirada is a wonderful community known for many things including nice homes on beautiful tree-lined streets.
The city has been one of my favorites since very early in my real estate career. The city is also known for Biola College and the famous La Mirada Theater, home to outstanding theatrical productions.
The newest attraction just opened, "SPLASH" the acquatics park, this is an amazing place you have to see for yourself! What fun, it's located on 18 acres of the La Mirada Regional Park. Personally, I'm a huge fan of parks, and I think La Mirada Regional is one of the best in Southern California, best of all, it's free of charge.
To learn more about real estate if the great City of La Mirada, contact me, Lynda@PreferredHomeBrokers.com or visit my Living In La Mirada and see why La Mirada was also named 'One of the best places to live in 2007" by Money Magazine.
Preferred Home Brokers, successfully serving home buyers and sellers for more than thirty years. ~ CA DRE License #00402040.
-Data source, SoCal MLS
Comments(14)